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Today: March 31, 2025
Today: March 31, 2025

ECB's Kazaks expects more rate cuts if current economic trajectory holds, Bloomberg News reports

Latvian central bank governor Martins Kazaks speaks during the bank's macroeconomic forecast presentation in Riga
March 27, 2025
Reuters - Reuters

(Reuters) - The European Central Bank could lower borrowing costs further if the current economic trajectory is maintained, Governing Council member Martins Kazaks told Bloomberg News in an interview on Thursday.

Kazaks, who is also the Latvian central bank governor, told Bloomberg News tariffs are another source of uncertainty.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Shri Navaratnam)

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